Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on increasing anti-inflation bets. But a looming death cross could spoil the upside outlook.
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Analysts anticipate Bitcoin to continue its recovery rally above $40,000 on increasing anti-inflation bets. But a looming death cross could spoil the upside outlook.
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Those who bought Bitcoin this bull market are in no hurry to sell, says Glassnode, as small-time investor numbers also grow.
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The survey results coincide with U.S. inflation climbing to the highest levels since 1992.
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Macro comparisons suggest that there’s no more room for dips on BTC/USD, suggests Jurrien Timmer.
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Traders who are unsure about Bitcoin’s chance of continuation above $40,000 can use a combination of protective put options to generate profit.
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A stunning BTC price surge accompanies concerns over the Federal Reserve’s “institutional credibility.”
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Musk leaves the door open for Tesla to accept Bitcoin again, sparking a run to near $40,000 — but will it hold?
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Bitcoin would “surprise” the stock-to-flow creator if it fails to return to its forecast trajectory, with three years still to go until crunch time.
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Sustained higher levels mean a retreat to $30,000 is looking less and less essential to preserve the bull market.
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Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows.
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